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"your business" sunday mornings at 7:30 on msnbc. [ male announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. o0 ci had[ designer ]eeling enough of just covering up my moderate to severe plaque psoriasis. i deci
on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. >> announcer: meet jill. she thought she'd feel better after seeing her doctor. and she might have, if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's cre
you can switch your medicare part d plan. we're ready, and we can't wait to switch. [ male announcer ] make the switch to an aarp medicarerx plan, insured through unitedhealthcare. open enrollment starts october 15th and ends december 7th. call now for a free information kit. discover why these part d plans are so popular. what i wanted was simple: the most value for my dollar. so, now that it's time, we're making the move to a plan that really works for us. plus, we'll be covered at like 60,000 pharmacies. [ male announcer ] call now and get predictable copays and plans with no deductible. you can start saving with your first prescription. aarp medicarerx plans include nearly all the drugs covered by medicare part d, so why wait. call now. [ man ] december 7th is coming. i'm glad we're switching. [ male announcer ] call now, ask about the lowest part d premium in the u.s. aarp medicarerx plans insured through unitedhealthcare. call today. ♪ i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male
in terms of the baby boomers getting older, which is social security and medicare, and then this new entitlement coming with the president's health care law. we know it is unworkable as a health care law. i can tell you as a doctor. it is unaffordable as a nation. that has to be part of the discussion as well. melissa: what about this idea that senate democrats are trying to limit the filibuster rule? you know, do you think that is a good idea? do you support that? do you think it would come back to bite them later on? >> well i oppose the idea that senator reid is proposing. i think it is a mistake to limit the rights of people who elected me and others to have the right to offer amendments and to have unlimited debate on the senate floor. you know, it is interesting when president obama was a senator and republicans were thinking about using this, he said, oh, no, it is terrible, it would destroy the institution and would hurt the country. same thing when senator biden was a senator spoke against it. when harry reid was in the minority he was against it. now they're in the majority
it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". morning to you, sir? >> this is a real shift. one of the two sides had some movement in their position on the tax side of the debate. that side is the republican side. as you heard there from senator lindsey graham, other, and other republican, they are now prepared to a
is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is going to be such a steep tax increase on the middle class that it could affect consumer spendi
security and medicare, make some defense cuts if you have to but we'd rather just see the rich get taxed and the near rich get taxed if we have to do that. >> the numbers do not add up, the left is being fundamentally dishonest. they are saying you don't have to cut social security or medicare or medicaid to get the deficit down, all you've got to do is tax the rich some more. they are recklessly suggesting that we go deeper and deeper and deeper into debt heading towards bankruptcy. the numbers, megyn are stunning. we have an unfunded liability for medicare of $42 trillion. an unfunded liability for social security of $20 trillion. and a further 20 trillion for unfunded pensions for federal employees, that adds up to $86 trillion which are committed to pay in the future and the money we do not have. therefore, you cannot just tax the rich to get rid of the deficit. you simply can't do that. the numbers don't add up. megyn: chris, what do you make of this, the president is now going to go out on what looks like sort of like a campaign stop on friday to pennsylvania. he already had this m
in medicare that might set off gaps in coverage, senior citizens not getting health care coverage. there you go. they're saying to put everything on the table but when you get in the details that's why they haven't come to a deal because the devil will be in the details, jenna. jenna: maybe they start with a salute and end with a handshake. ed, great to see you report great to see you. jenna: thank you very much. jon: several republican lawmakers are toning down their criticism of u.n. ambassador susan rice and her handling of the deadly attack on the consulate in libya. ambassador rice was under fire for appearances on the television immediately after the attack where she blamed it on the youtube video. many vocal critics, like senator john mccain are turning up the heat on president obama and the state department. >> the problem is the president of the united states in a debate with mitt romney said that he had said it was a terrorist attack. he hadn't. jon: chief intelligence correspondent catherine herridge is live in washington. she has more on all of this. so this shift in focus to the
announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consir an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance compan like all standardized medicare suppment plans, they cover some of what medicare doesn't p. and could save you in out-of-pocket medical costs. call today to request a free decision guide toelp you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions whhave already enrolled in the only medicare supplement pns endorsed by aarp, an organization serving the needs of people 50 and over for genera
are live at the breaking news desk of that story [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosg the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. jenna: rating news from the world of sports. a former boxi
from medicare, if they don't get what they want let the country go over the cliff, let the car jump off the cliff. then they will be in a stronger position to negotiate for the tax increases that they want on the other side. this can't be good news for the president who desperately needs to have a deal done so that he does not see the country plunged into fresh recession just as he is sworn into office. megyn: but now there are some who are predicting okay, yes even though this would be calamitous, it wouldn't be that calamitous if we got into january, it happened but only happened for a few weeks. then they struck a deal. the thinking of these democrats, reportedly, chris, the republicans are going to be much more likely to strike a deal if the tax hikes have automatically taken place on january 1, than then can swoop in as saviors who lower tax rates on everybody after they secretly just hiked them? we won't understand what just happened. >> well, there is some of that that the, what the republicans would be able to do thin would be, instead of having to ever vote for a tax increase o
the war on poverty. he launches so many great society programs, medicare. so the first year, let's say, 1965 or let's say the first seven months, you say, this is a man who's going to leave his mark on history. you know, they say the moral arch bends justly, but it bends slowly. i didn't say that. martin luther king says that. but you really feel that johnson tries to bend it. >> what i was struck by, when you watch some of the old footage, the language johnson used was a kind of language almost no american president had ever used. it was so full of idealism, it was about ending poverty, lifting up every american, providing everyone with education. it is the most expansive domestic, you know, idealism, that i can recall any president ever having. >> you know, and people working with him could hardly believe it, like richard goodwin who was speech writer for kennedy, then johnson brings him on board, asks him basically about civil rights, you know, and johnson says, you know, referring to the time he was 20 years old and he was teaching the mexican/american kids in a little town in sout
like to pretend as though they're the great protectors of social security, medicare, and medicaid. they make solemn pledges all the time about how they won't even entertain a discussion about reform. what they don't say is that ignoring these programs is the surest way to guarantee their collapse. all we're calling for is an honest conversation. we all know these programs are in trouble. let's figure out a solution. when it comes to entitlements, republicans are guided by a simple principle: we don't want americans to age into a system that no longer exists. we do not want americans to age into a system that no longer exists. we want to protect them and to protect people's investment in them. but we can't do it alone. reform is something that can only be done by both parties together. that's the reality. and there's been a scandalous lack of leadership on this issue for years among democrat leaders in washington because they think it's a winner politically. what i'm saying is that the democrats just won the election. congratulations. turn off the campaign and recognize the opportu
announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so now's the time. on black friday, it doesn'ty bird...or matter,liest bird? as long as we end up here at 5 a.m., or at homedepot.com, starting thursday. where prices have been cut, chopped, and sanded... on the most powerful tools that cut. ...chop... ...and sand. so we, or somebody on our list, can do the same. more saving. more doing. that's the power of the home depot. the early bird gets a special buy on a ryobi two-piece lithium-ion kit, just $99. at e-trade, our free online tools and retirement specialists can help you build a personalized plan and execute it with a wide range of low cost investments. get a great plan and low cost investments at e-trade. >>> black friday is off to its earliest start yet w
of entitlement reforms in medicare and social security that senator graham is saying are prerequisite to a deal. >> let me tell you, first, george, and you know this, social security does not add one penny to our debt. not a penny. it's a separate funded operation. and we can do things and i believe we should now, smaller things, played out over the long term that gives its solvency. medicare is another story. only 12 years of solvency lie ahead if we do nothing. those who say don't touch it, don't change it are ignoring the obvious. we want medicare to be there for today's seniors and tomorrow, as well. we don't want to go to the poll and voucherizing it and we can make meaningful reforms without compromising the integrity of the program, making sure that the beneficiaries are not paying the piece for it except perhaps the high income beneficiaries. that to me is a reasonable approach. let me salute lindsey graham. what he said about revenue in needs to be said on his side of the aisle. we put everything on the table. >> does that include raising the age for medicare eligibility? >> here's my
announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. gregg: efforts to bring to an end the violence between hamas militants and israel ... secretary of state hillary clinton is in egypt. earlier she met with pale
. if you're eligible for medicare, you might know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. there's a range to choose from, depending on your needs and your budget. and they all travel with you -- anywhere in the country. best of all, you'll be joining the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. ♪ remember, all medicare supplement insurance plans help cover
but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sides are digging in pretty tough. not a lot of progress in these talks. and what is interesting republican senator tom coburn said on fox earlier this morning look, either both sides will come together and solve
for medicare. >> there will be gaps in coverage. >> another chairman max baucus told the newspaper in his home state the wish list for the debt talk includes more money. tax credit for wind farms in montana, protecting rural hospitals and ending the estate tax. others are going further urging the president to allow the nation to dive off the cliff with the automatic touch to pentagon -- cuts to pentagon ib stead of to domestic programs. >> on the question of leadership, the white house aides say the past weekend, the president called both senator reid and speaker boehner to get things going. there is a talk of a immediating at the white house later this week. >> ed henry live on the north lawn. thank you. stocks were mixed. the dow lost 42. nasdaq gained ten. they are still trying to find a deal for bail-out money for greece. they failed to reach an agreement twice in two weeks. mary schapiro is leaving next month. she will be replaced by the sikh commission member elite walter. you may want to let go of your mouse and pay attention the next story. you and your fellow americans are expected to
. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to change doctors within one of the nation's largest networks, dedicated to helping you live a healthier life. other benefits can include vision and hearing coverage -- and the pharmacy saver program gives you access to prescriptions as low as $2... at thousands of pharmacies across the country, in retail
look at the spending curves of social security and medicare and medicaid and see that they are going towards bankruptcy. social security for example right now congress has for so long been stealing money from the social security fund. we are years away from that flipping so that your taxes to pay social security. >> let me jump in. i understand that argument as well in terms of having the entitlement programs basically bankrupt the system. not saying the gop wants to cut it across the board they want to limit it. talk to the people, though, we start to hear social security going out the window and some of the entitlement programs going by the wayside. makes people nervous. talk to people in terms of understanding not really a way to try to panic but certainly a p compromise. >> i would argue it is time to panic. they need to do something drastic. every moment you wait to do something it will be harder to do something when it comes time to do something. politicians are scared of their own shadows very often which is why we are in the problem we are in. that's why they have to address
budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all me
average star rating among national medicare companies... and become the first and only naonal medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result n the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter mos i love you, grandma! [ male announcer ] humana. ♪ >> i'm liz macdonald with your fox business brief. it is a mixed afternoon on wall street. the dow is down 25 points to 12,942. consumer confidence climbing to nearly five-year high as americans become more optimistic about the outlook for the u.s. cone my. the conference board november reading coming in better than expected at 73.7. that is highest reading since february 2008. >>> small business saturday is starting to draw more shoppers nationwide that want to spend holiday dollars at local stores. according to the nfib and american express, five 1/2 billion bucks of the total thanksgiving weekend sales were small business saturday related. president obama is meeting with small business owne
, with the promise of cuts to programs like medicare later. on tuesday, senator dick durbin flatly declared entitlement reform should not be on the table. yesterday, top white house officials also met with leading liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he
to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already pay for medicare part b. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and immunizations for a $0 copay. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. there's more. when you enroll in an aarp medicarecomplete plan insured through unitedhealthcare, your benefits could also include vision and hearing coverage, and prescription drug coverage accepted at pharmacies nationwide. the pharmacy saver program makes prescriptions available for as little at $2 at thousands of pharmacies. unitedhea
it would seem. nobody wants their medicare or social security benefits cut, and those are the huge drivers of national debt. >> don't forget that barack obama during the so-called grand bargain talks of a year and a half ago put entitlement spending, entitlement cuts on the map. he basically said, look, democrats will talk about raising the age for medicare, for example, social security, you know, all these issues. the problem is, you know, as monica just pointed out, when you have a senator like saxby chambliss not necessarily saying i'm going to raise taxes, but saying i'm not going to be held enthralled to grover norquist or some pledge i signed, i'm going to at least consider it. then you hear from the primary, oh, no, you're getting a primary, you're out of there. how do you compromise from somebody who raises his head and says i'm not going to necessarily do it, i'm just going to talk about it, and all of a sudden you're outta here? >> because, look, both parties have to stand for something. if you flush down the toilet your core principle about not raising taxes on the american peop
on and the fiscal cliff. we have been working on ways to help medicare savings plans and we will address taxes, but we are ecstatic to have senator durbin here today. he has played such a central role over the last several years and he has literally been part of every conversation that has taken place and he is still here. that is a sign of progress. senator durbin has had a long history of being an advocate for the middle class and he has carried that advocacy in the budget negotiations. he was part of the supercommittee. he was in the fiscal gain of eight, every day involved in these issues. -- gang of eight and every gang involved. stands true for the values of the american people and those people who waited in line to vote in people who voted to want a fair shake out of washington. as a champion of that, and i'm excited to have senator durbin here with us. [applause] >> neera, thank you for those kind words. it's good to see you and be here at the center of american progress. thank you for all the work you do. elections, as you say, have consequences and politics is driven by a lot of thin
need to be raised and where the cuts to medicare and medicaid would need to be, both sides seem unwilling to believe that the other side is really serious about making the changes that then. >> ben bernanke weighed in on this yesterday. let me play that for you. >> indeed, by the reckoning of the congressional budget office, the cbo, and that of many outside observers, a fiscal shock of that size would send the economy toppling back into recession. >> everyone i've had on this program, all the members of congress, have said to me, joanne, we have to get this done, of course it's going to get done. but we should remember it was a year ago today the grand bargain failed. so what's it going to take? >> you know, i think it might take the new congress being seated. i mean, if you think about it, you still have a lame duck congress so, while the election may have changed the atmosphere and sort of the story line for the members, the actual people themselves are still there. so they've not changed their ideologies at all. i think that the problem is that you have john boehner, preside
: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, th
in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's cramping. go ice that thing. sorry. hand cramp. ahh. [ male announcer ] cyber monday is back. shop now for great savin
're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemployment set to expire here. and the child tax credit drops by half. capital gains go up. bob, today, you know, the white house is warning that this could have a crushing impact on the u.s. economy
in medicare, cuts in medicaid, some reforms that would effectively result in some cuts in the rate of growth, if you will. but what i hear you saying is that you're ready for increased tax revenue but not through raising the tax rate for the upper income, for the highest income bracket? >> what you find is when you raise rates like most economists will tell you, you harm the economy. two years ago when the democrats controlled all, we were at the same place. >> if you raise rates to 39.6% for those families earning more than $250,000 a year, those families and those small businesses did quite well during the years of the clinton administration when the rate was 39.6%. why not go back to that? >> the economy was stronger then. president obama who had nancy pelosi as speaker two years ago said don't raise the rates in a down economy. it hurts it. >> the economy's a little stronger now than it was two years ago. >> i don't know if you've been out there in the economy -- you see a lot of people underemployed, half of college students coming out, a lot of them can't find jobs. we're at our lowest
for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. >> chris: for all of you who survived black friday, here's something new to worry about. christmas is one month from today. a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers and investors in the final days of 2012? we turn to matthew shay, president and c.e.o. of the national retail federatn and from n
if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and speaker boehner should as well. >> harris: let's hope that's true. thank you. right now, a child missing, city on edge and volunteers going door-to-door to try to find young dylan. also, no longer a mysteries, but an official cause. we now know why a strip club blew up and more than 40 buildings and homes including a day care center were heavily damaged. debris for blocks. and we'll check with the firef
to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president a
achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality ofare and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male annncer ] humana. ♪ ♪ lou: benghazi, a lot of people are forgetting, pushing in out out of their mind or some organizations don't pay attention. we will take extra time to refresh ourselves on the timeline of a cover-up. it began september 111 hour before 9:40 p.m. private securityyin benghazi in first calls for assistance came made calls on cellphones and in at precisely that time. at 11:00 p.m., unarmed drone drone arrived to provide real-time intelligence to tripoli and washington broke 12 '07 a.m., the 12th they announced that she react claimed responsibility for the benghazi attack with devours they knew they had real-time surveillance and real-time video and a declaration of responsibilit
medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ [ male announcer ] humana. i have obligations. cute tobligations, but obligatio.ing. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lou: the chief economist of moody's capital markets will be with me in a moment, before we go to john lonski we look at tonight's money like, stocks closing at a two-week high before this thanksgivin
among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality ofare and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ no longer beautiful? every year, millions of young women try to change the skin they were born with and say they'd die for darker skin. sadly, some actually do. melanoma is the second most common cancer in teens and young adults, and one person dies from melanoma every hour. change your thinking, not your skin. stop tanning. learn more at spotskincancer.org. a message from the american academy of dermatology. lou: president obama meeting with heads of the labor union today who say thpresid lou: president obama meeting with heads of the labor union today who say the president is committed to higher taxes on tor e.rners, saying the rich do not pay their share. tomorrow, some will meet witho e the president and a
and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. i wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. >>. >> gregg: welcome back. check on the headlines, hector machelevian oh camacho has died. he had been uncons
they can inspire our students. let's solve this. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >> between israelis and hamas. mark, israeli government spokesman, is in jerusalem with our own wolf blitzer, and, wolf, certainly feel free to jump in here, but mark, a quick question for you. what are you going to be looking for in about 45 minutes or so to know if, in fact, this cease-fire is something that is real on both sides, and the side of hamas as well? >> we'll be hoping for and the arrangements are specific. total and complete quiet. i mean, we said from day one of this crisis our goal is to bring peace an
.com. ♪ campbell's. it's amazing what soup can do. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>. >> gregg: bottom of the hour, top of the news, egypt's stock market taking a dive amid mass demonstrations, thousands of egyptians are protesting president morsi's power grab. weather is giving holiday travelers another reason to be thankful. few airports are reporting any delays. big crowds. tomorrow is cyber monday, retailers are hoping to lure holiday shoppers to their website with the promise of deep discounts. americans are expected to spend $1.5 billion online tomorrow. >> heather: republican leaders making it clear after the election that their party is getting serious about overhauling the nation's dysfunctional immigration system but sweeping reform mig
] >>. >> eah professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >>> live from america's news headquarters israel and hamas militants agreesing on a cease fire, brokered during a week of the fiercest fighting in years. israel moved,000s of troops saying they're ready to invade gaza if hamas kept firing rockets. secretary of state clinton flew to the region in an attempt to stop a ground war. she met with israeli prime minister who said more military action is still possible. >> i know there are citizens expecting a more severe reaction, perhaps, we shall need to do so. but at this time, the right thing for israel is to use this opportunity to achieve a long lasting cease fire. >> more than 150
again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> i'm not saying a word to you. there is a child here. >> that's new video of halle berry, going off at the paparazzi, shortly after the thanksgiving brawl between her fiance and ex-boyfriend. she has always had a contentious relationship with tabloid photographers. and this was no different. the oscar winner was trying to protect her 4-year-old daughter. so, how will the fight affect her ongoing custody battle? good morning, america. i'm bianna golodryga. >> and i'm dan harris. good morning, again. it's saturday, november 24th. >>> check out this video. it's of nba stars dribbling a christmas tune. it has gone wildly viral. how did they figure out how to do this? we're going to take you behind the scenes, coming up. >> that's reall
national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> lou: i have been just waiting and waiting to talk with my next two guest, joining me, to psychoanalyze david petraeus, some of our nation's leaders, and some of the liaisons, therapist dr. robbie ludwig an psychologist dr. jeffrey guardier, how does a man with a 37 year career, four star general in the us army, distinguished, respected, how in the world does he take the cia job and think suddenly he will not be surveilled, and the good guys, the bad guys and everything in between, watching every step he makes, what would you be thinking? >> he was thinking with the wrong head, right? you know, i think people engage... >> i'm glad you said that. >> i figured i could get away with it. people who know him well loved hi
helped us achieve the highest average star rating mong national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you, grandma! [ male announcer ] hana. ♪ so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thihing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. ♪ melissa: so whether you earn $250,000 a year or not, you're going to feel the effects of the tax hikes on the wealthy. why? because it's going to kill economic growth, and that co
you said in terms of medicare reform and medicaid. obviously republicans are saying, look, in exchange for any type of taxes going up, we want to see some real entitlement reform. you talk about cracking down on waste, fraud and abuse. is there enough revenue from waste, fraud and abuse and m medicare to get the type of serious deficit reform needed to bring down the $16 trillion debt? >> well, you know, i think anytime you're talking about a deficit, there's two ways to bring it down, and i know you know this well. you're either going to raise revenue or have cuts, and i would continue to argue for a balanced approach which means i do think you can find savings in both programs. but what i'm concerned about is what the real agenda is and the real agenda, in my opinion, is to end medicare. i mean, that was certainly a big item in the presidential debate is changing medicare into a voucher program. so what i don't believe in is changing the fundamental structure where we break the guarantee to seniors that we've had in our country for decades. that i disagree with. finding savings, ther
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